Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

KIQQ vs OVLH: which paid, and which earned it?

KIQQ and OVLH both write options for income.

KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF and Overlay Shares Hedged Large Cap Equity ETF.

5.8%KIQQ cash paid, 1 year
0.3%OVLH cash paid, 1 year
+6.0%KIQQ total return, 1 year
+9.1%OVLH total return, 1 year
KIQQ9.9 pts behind QQQ · since launch to Sep 18, 2026
QQQ+15.9%KIQQ+6.0%5.8% of it arrived as cash9.9 pts behind QQQTotal return, distributions reinvestedQQQ+15.9%KIQQ+6.0%9.9 pts behind QQQ
OVLH7.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%OVLH+9.1%7.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%OVLH+9.1%7.5 pts behind SPY

What they hold in common

By the books each fund has filed, KIQQ and OVLH hold 0% of their money in the same securities at the same weight.

Only in each
Only in KIQQOnly in OVLH
+NDXDBHIO/-FED FUNDS 100.58%Vanguard S&P 500 ETF 100.00%
NVIDIA CORP 8.90%
APPLE INC 8.20%
MICROSOFT CORP 6.17%
MICRON TECHNOLOGY INC 5.14%
AMAZON.COM INC 4.50%
ADVANCED MICRO DEVICES 4.21%
ALPHABET INC-CL A 3.40%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 18, 2026.

Performance, window by window

KIQQ and OVLH over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
KIQQOVLHKIQQOVLHKIQQOVLH
3 months−3.2%+0.5%1.9%0.0%−0.7 pts−1.7 pts
6 months+11.9%+11.0%4.5%0.0%−12.3 pts−7.0 pts
1 yearnot published+9.1%not published0.3%not published−7.5 pts
3 yearsnot published+54.7%not published1.7%not published−23.7 pts
Since launch+6.0%+73.7%5.8%3.1%−9.9 pts−45.2 pts
Open the live comparison on ETFIQ
KIQQ and OVLH on the same fields, as of Sep 18, 2026. Source: ETFIQ.
KIQQ
KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF
Buffer with income on QQQ, paying monthly
OVLH
Overlay Shares Hedged Large Cap Equity ETF
Put-selling overlay, hedged on SPY, paying annual
IssuerKraneSharesOverlay Shares
Strategybuffer with incomeput-selling overlay, hedged
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY)
Paysmonthlyannual
Payout rate, annualized6.3%0.3%
Expense ratio0.79%not published
Cash paid, 1 year5.8% (since launch on Jan 7, 2026)0.3%
Price change, 1 year−0.1%+8.8%
Total return, 1 year+6.0% (since launch on Jan 7, 2026)+9.1%
Benchmark return, 1 year+15.9%+16.6%
Ahead or behind−9.9 pts−7.5 pts
Return of capital, latest estimatenot publishednot published
Age254 days2072 days
Net assets$3m$116m

KIQQ in plain words

Over the period since launch on Jan 7, 2026 to Sep 18, 2026, KIQQ paid 5.8% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +6.0%. Nasdaq-100 (QQQ) returned +15.9% over the same days, so a holder was behind by 9.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.3%, paid monthly.

OVLH in plain words

Over the year to Sep 18, 2026, OVLH paid 0.3% of its starting value in cash distributions while its price rose 8.8%. With every distribution reinvested, the fund returned +9.1%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 7.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 0.3%, paid annual.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

KIQQ against OVLH, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, KIQQ against OVLH, data as of Sep 18, 2026. https://etfiq.com/compare/income/kiqq-vs-ovlh Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources